These 5 Chinese Stocks are Rebounding as Crackdown Nears End

Page 1 of 5

In this article, we discuss the 5 Chinese stocks that are rebounding as the crackdown nears end. If you want to read about some more Chinese stocks on the upward trajectory, go directly to These 10 Chinese Stocks are Rebounding as Crackdown Nears End.

5. Lufax Holding Ltd (NYSE:LU)

Number of Hedge Fund Holders: 22    

Increase in Share Price Over Past Month: 4.87%

Lufax Holding Ltd (NYSE:LU) provides tech-based finance services. The hedge fund sentiment around the stock is overwhelmingly positive. At the end of the fourth quarter of 2021, 22 hedge funds in the database of Insider Monkey held stakes worth $244 million in Lufax Holding Ltd (NYSE:LU), up from 14 the preceding quarter worth $225 million.

On March 10, Lufax Holding Ltd (NYSE:LU) declared an annual dividend of $0.68 per share. The forward yield was more than 12%. Citibank will likely distribute the payouts to shareholders by the end of April. 

Page 1 of 5